North Dakota State Investment Board Takes $1.25 Million Position in Fiserv, Inc. $FISV

North Dakota State Investment Board bought a new stake in Fiserv, Inc. (NASDAQ:FISV) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 18,549 shares of the business services provider’s stock, valued at approximately $1,246,000.

Several other large investors also recently made changes to their positions in the company. Stonebridge Capital Advisors LLC grew its stake in shares of Fiserv by 2.3% in the 2nd quarter. Stonebridge Capital Advisors LLC now owns 4,318 shares of the business services provider’s stock valued at $744,000 after buying an additional 98 shares during the period. Bison Wealth LLC boosted its stake in Fiserv by 5.3% during the 4th quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock valued at $472,000 after purchasing an additional 116 shares during the last quarter. Cornerstone Planning Group LLC boosted its stake in Fiserv by 50.3% during the 3rd quarter. Cornerstone Planning Group LLC now owns 472 shares of the business services provider’s stock valued at $61,000 after purchasing an additional 158 shares during the last quarter. Twin City Private Wealth LLC boosted its stake in Fiserv by 5.0% during the 3rd quarter. Twin City Private Wealth LLC now owns 3,562 shares of the business services provider’s stock valued at $459,000 after purchasing an additional 170 shares during the last quarter. Finally, ROI Financial Advisors LLC boosted its stake in Fiserv by 10.3% during the 3rd quarter. ROI Financial Advisors LLC now owns 1,871 shares of the business services provider’s stock valued at $241,000 after purchasing an additional 175 shares during the last quarter. 90.98% of the stock is currently owned by institutional investors and hedge funds.

Fiserv Price Performance

Fiserv stock opened at $56.03 on Wednesday. Fiserv, Inc. has a 52 week low of $52.17 and a 52 week high of $177.36. The company’s 50 day moving average price is $57.86 and its two-hundred day moving average price is $62.07. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.06. The stock has a market cap of $29.88 billion, a P/E ratio of 9.50, a P/E/G ratio of 1.80 and a beta of 0.84.

Fiserv (NASDAQ:FISV) last posted its earnings results on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, topping the consensus estimate of $1.57 by $0.22. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The firm had revenue of $4.68 billion for the quarter, compared to analysts’ expectations of $4.73 billion. The business’s quarterly revenue was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, equities analysts predict that Fiserv, Inc. will post 8.14 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have issued reports on FISV. Rothschild & Co Redburn cut their price target on Fiserv from $50.00 to $40.00 and set a “sell” rating for the company in a research note on Tuesday, May 12th. Weiss Ratings downgraded Fiserv from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday. Jefferies Financial Group lifted their price target on Fiserv from $60.00 to $65.00 and gave the company a “hold” rating in a research note on Wednesday, January 21st. JPMorgan Chase & Co. cut their price target on Fiserv from $85.00 to $75.00 and set a “neutral” rating for the company in a research note on Wednesday, February 11th. Finally, Cantor Fitzgerald cut their price target on Fiserv from $70.00 to $62.00 and set a “neutral” rating for the company in a research note on Monday, May 11th. Nine research analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $82.97.

Fiserv Profile

Fiserv, Inc, founded in 1984 and headquartered in Brookfield, Wisconsin, is a global provider of financial services technology. The company develops and delivers integrated solutions for payments, processing, risk and compliance, customer and channel management, and business insights and optimization. Serving thousands of clients, Fiserv supports banks, credit unions, securities broker-dealers, leasing and finance companies, and retailers.

Fiserv’s core offerings include account processing systems that automate deposit, lending and transaction processing for financial institutions, as well as digital banking platforms that enable mobile and online banking services.